Experience and understanding the fundamentals of raising money, entity and deal structure should be your main focus to equip you when venturing on your own.. 

:PYeah it's pretty safe to say that residential appraising is fundamentally broken.

Some people will look at a building and see a dump with a low return on investment while others will see a huge opportunity to renovate and make great money.For this triplex here are some questions to ask yourself:Do I believe in the local economy (this is important as I believe any real estate investment is fundamentally a bet on the local economy)Do I think rents are going to steadily rise over next 5 to 10 years?

In addition to good cash flow, both have strong economic and demographic fundamentals like job growth, population growth and a diverse, modern economy.

Otherwise you will be paying big bucks for a pro to teach you the fundamentals.

There are only two main things to be aware of: 1) obviously, the higher price point (a benefit, not an obstacle), and 2) leasehold properties which might never come across your desk anyway.The rest is just fundamentals: marketing, understanding what makes a deal, and good buyers -- same as every other market.

Invest and buy based on fundamentals, interest rates, location, your lifestyle choices etc.

You have the basic steps but you want to drill down on all the metrics as real estate is hyper local so you want to get granular on demographics, market fundamentals, lease audits, tenant metrics, property details and expenses etc.A lot of this will depend on the location, size, type and condition of the property.

Below is a link to the Bernie Sanders page where he details out fundamental changes to the benefits of investing in Real estate.

I love both especially Waterloo but IMO the fundamentals aren't there right now.